Europe’s mobile payment players braced for battle
European mobile payment providers iZettle and SumUp are among a handful of start-ups that have encouraged European small businesses to kick their cash-only habits. Read more: www.reuters.com
PayPal heads to the checkout with MasterCard deal
PayPal and MasterCard are expanding their partnerships to the checkout by increase PayPal's footprint at the point of sale through contactless payments. Read more: www.fintechroundup
Samsung Galaxy facial recognition software not ready for payments
Contrary to earlier reports, the new Samsung Galaxy S8 will not let users authenticate payments through facial recognition. Read more: www.finextra.com
Corcentric releases ePayments tool
Corcentric teams with FIS and Comdata to integrate electronic payments into financial process automation platform for corporates. Read more: www.pymnts.com
UK wants more competition in payments infrastructure
VocaLink isn’t facing enough competition in its role according to the UK Payment Systems Regulator (PSR). Read more: www.fintechroundup.com
Xoom expands into Asia
Xoom, a digital money transfer provider, is expanding its services in Asia as a way to make it easier for US residents to quickly send money to Japan. Read more: www.pymnts.com
Yes Bank brings iris scanning tech to POS terminals
Yes Bank has unveiled a POS device that uses iris scanning technology as well as the country's Aadhaar biometric ID system to authenticate purchases. www.finextra.com
Meituan-Dianping buys payments startup Qiandai
Chinese group deals and online-to-offline (O2O) platform Meituan-Dianping has acquired payments startup Qiandai. Read more : www.fintechroundup.com
ACI Worldwide amps up EBH electronic payments
One of Hungary's largest banks, Erste Bank, is enhancing its electronic payment services by working more closely with partner ACI Worldwide. Read more: www.pymnts.com
PayPal’s partnership frenzy continues with FIS and Citi
PayPal is partnering with financial technology provider FIS and Citigroup in order to provide better, faster, stronger digital payments. Read more: www.bankinnovation.net